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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jay who wrote (19102)7/30/1998 12:19:00 AM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
Jay:

I think we may see a rate cut by the end of the year after two Qtrs of declining GDP hit the FED on the head... By then, we may already be in a recession... Unfortunately, we won't know when we are in a recession, for sure, until after it has started... But, the signs are there... The FED should cut rates now...

Jim